I know my recent call on LTC was incorrect (but it will drop just in a different way).
This time, I predict a bitcoin dump to around $4000 and then another attempt at breaking $5000 (but failing). From there it will go lower than $4000.
I say this because I've seen this same pattern occur with various other speculative stocks. As much as Bitcoin is not a...
Hello, everyone. I think BTC will eventually go lower, but after this sudden drop we may get some buyers back or shorts will probably cover and we will see the price going higher a bit.
Exchanges may also buy with their own money to save the overall sentiment. It is important to not be a victim and donate money to exchanges at this point in time.
Hi guys, this is elitebagholder reporting in.
I am actually NEUTRAL on Ethereum at the current price of $260 USD.
I feel like if we go much lower below support it can get dumped further down to 190.
So is this it? Is this where the dumpening occurs?
I thought Ethereum flips Bitcoin?
Litecoin is a very strong buy at these levels.
I have been watching for a while to see if it will go lower and break support and it hasn't.
Now that we have also approached 0.01 BTC, we are at a global support level on the LTCBTC pair.
Also, it had 3 pushes downwards, and it is now consolidating and making a decision, and I can't really picture a 4th downward...
I've been looking at the chart and I don't like what I see.
Every single technical indicator indicates lower price action.
The support trend line on Ethereum will probably break, as it's the 5th time it's approached it. We are also below 2 EMAs (10 and 21) on the weekly.
This is the 4th time we've had a pump and dump and buyers could be getting sick of it...
This chart shows a possibility of ETC making progress towards ETH. I believe that if ETC makes it to 0.045 ETH (green horizontal line), a huge rally can occur.
There is also a falling wedge on the ETCETH chart, indicating lower selling pressure.
Of course, a slightly bullish chart has a bit to do with the Coinbase announcement, but the fact is that this will...
I do not see Litecoin doing well in the next few months. A drop to $50 is a strong possibility and low $70s is a given.
Based on my calculations on a projected price of $3600 BTC, 1.5% of that is $54. Considering money will move into BTC, LTC may not even hold $54 for what it has to offer.
Not trying to spread fear, but LTC is one of the coins where I do not...